The houses are part of YIT's regional project Turku Fabriikki. A-Kruunu is a state-owned special assignment company that commissions the construction of affordable rental apartments. The value of the contract for YIT is approximately EUR 17 million and it will be recorded in the order book for the third quarter of the year.

 

Fabriikki is located in the centre of Turku, in VR's former mechanical engineering area. The ARA-funded project includes two housing companies located on their own plots. Under the decks of the yard, there will be a shared garage. The projects cover approximately 4,700 square meters of floor space and a total of 76 homes in A energy class. There are a total of 49 parking spaces. Construction will begin in September 2024 and the homes are expected to be completed at the beginning of 2026.

“You couldn't get a site to be built in Turku in a better place than this. The Fabriikki area is an unique and carefully designed entity. Our project in the design of apartments has focused on, for example, functionality, brightness and varying views. Residents' everyday life is also made easier when the location is close to good transport connections and services. At the same time, the region's business community receives affordable apartments for employees close to workplaces,” says Jari Mäkimattila, Managing Director of A-Kruunu, and thanks for the collaboration with YIT.

"We are happy to continue our long-term collaboration with A-Kruunu in Turku. With the contract, we will be able to start the construction of the second block of Fabriikki in Turku. This is a good indication of the attractiveness of the area. We appreciate that both home buyers and investors consider us a reliable partner”, said Jyrki Meri, Regional Director for Southwest Finland, YIT's Housing and Business Premises.